Room 4017, 39 College South Road, Haidian District, Beijing
School of Finance
Central University of Finance and Economics
Banking, Corporate finance, Law and Finance.
CURRENT ACADEMIC POSITION
Nov. 2017- Wharton School, University of Pennsylvania
Jun. 2015 - Central University of Finance and Economics
School of Finance, Assistant Professor
2013-15 Wharton School, University of Pennsylvania Finance Department
Post-doctoral Research Fellow, Wharton Financial Institutions Center
2011 Beijing Normal University School of Economics and Business Administration
Ph.D. in Finance
Wharton School, University of Pennsylvania Finance Department
Visiting Ph.D. Student, 2010-11 Joint Ph.D. Student Program funded by Chinese Government
PUBLIC SECTOR SERVICE
Jan. – Feb. 2017 Visiting Researcher, BOFIT, Bank of Finland, Finland
PUBLICATIONS IN REFEREED JOURNAL
“Financial Crisis, Structure and Reform” (with Franklin Allen and Oskar Kowalewski), Journal of Banking and Finance, 36(11), 2960-2973, November 2012.
"Creditor Rights and Corporate Bond Market" (with Oskar Kowalewski), Journal of International Money and Finance, Vol. 67, 215-238, October, 2016.
“An Overview of China’s Financial System,” (with Franklin Allen, and Jun “QJ” Qian), Annual Review of Financial Economics, November 2017.
“The Interplay between Regulations and Financial Stability” (with Franklin Allen)
Journal of Financial Services Research, forthcoming.
“Corporate Governance and Intra-group Transactions in European Bank Holding Companies During the Crisis” (with Franklin Allen and Oskar Kowalewski), in Global Banking, Financial Markets and Crises, Vol. 14, Chapter 13, ed. Bang Nam Jeon and Maria Pia Olivero, International Finance Review, 2013.
“The Roles of Banks in Financial Systems” (with Franklin Allen and Elena Carletti), The Oxford Handbook of Banking (Second Edition), Chapter 2, Oxford University Press, November 2014.
“China’s Financial System: Growth and Risk,” (with Franklin Allen and Jun "QJ" Qian), Foundations and Trends in Finance, Vol. 9, No. 3-4, pp. 197-319, December 2015.
“Financial Structure and Economic Development”, (with Franklin Allen and Oskar Kowalewski), ed. Thorsten Beck and Ross Levine, forthcoming in Handbook of Finance and Development, Edward Elgar Publishing.
“The People’s Bank of China: 1948-2016” (with Franklin Allen and Jun “QJ” Qian), forthcoming in Sveriges Riksbank and the History of Central Banking, Cambridge University Press.
“Does Economic Structure Determine Financial Structure?”(with Franklin Allen, Oskar Kowalewski and Laura Bartiloro)
Revise and Resubmit, Journal of International Economics.
“Corporate Reputation in Bond Market: Evidence from Lawsuits” (with Haitian Lu and Iftekhar Hasan)
“Implicit Guarantee and Shadow Banking: the Case of Trust Products” (with Franklin Allen, Jun “QJ” Qian and Yiming Qian)
“The Interbank Market Puzzle” (with Franklin Allen and Oskar Kowalewski)
“Creditor Rights and Firm Investments: The Role of Credit Ratings” (with Xin Wu Mahaney-Walter and Padma Kadiyala)
“The Real Effects of Financial Reforms: Evidence from Public Debt Market” (with Lu Yun)
Commercial Banking, 2016-17 Spring (Undergraduate)
Advanced Econometrics, 2015-17 Fall (Graduate, International students)
Financial Intermediation, 2016-18 (CUFE- Tilburg Executive Ph.D. program)
Introductory Statistics (STAT 112), 2018 Spring (Undergraduate)
China National Natural Science Foundation, 2017-2020, Grant Number: 71703181.
China Scholarship Council, Joint-Ph.D. program scholarship, 2010-11
CUFE-Tilburg Finance Workshop, May;
Bank of Finland/CEPR Joint Conference, June.
Bank of Finland; Shanghai Jiaotong Univ; Univ. of International Business &Economics;
Central Univ. of Finance & Economics.
ASSA, Chicago, January*;
Riksbank Conference on Central Bank History, Stockholm, April*;
Wharton China Workshop on Firm-level Studies, Beijing, June;
CICF, Hangzhou, July;
SAIF/CKGSB Summer Institute of Finance Conference, Qingdao, July*;
CUFE-Tilburg Finance Workshop, September;
FMA, Boston, October;
NBER China Meeting, Shenzhen, December*;
Renmin University; Chinese Academy of Social Science, Institute of Finance;
MidwestFA, Atlanta, March.
Fordham University & Chinese University of Hong Kong Workshop on Corporate Bonds, Strasbourg, June*;
Bocconi University Workshop on Securities Market, Milan, June*;
Greater China Finance Conference (GCFC), Xiamen University, June;
FMA Asia Pacific, Sydney, July;
Bank of Finland & City University of Hong Kong Workshop on Chinese Economy, Helsinki, September*;
FMA, Las Vegas, October;
Central University of Finance and Economics
7th IFABS Conference, Zhejiang University, Hangzhou, June;
Chinese Academy of Social Science, IWEP, Beijing;
Chinese Academy of Science, School of Management, Beijing.
University of Cambridge, Corporate Finance Theory Symposium, Cambridge*;
2016 FMA, Las Vegas;
Greater China Finance Conference (GCFC), Xiamen.
2015 CICF, Shenzhen, July.
* Co-author presentation.
Journal of Banking and Finance
Journal of International Money and Finance
Journal of Financial Stability
FINANCIAL INDUSTRY EXPERIENCE
2011-13 Research Dept., CITIC Securities Int’l
Economist (Senior Associate)
American Economic Association;
American Finance Association;
Financial Management Association.